Winning streak falling by 300 points yesterday take a look at whats happening. Yesterdays session, the dow was down s p dipped back in for the year inching its way in the day before the nasdaq did power to a new record close and briefly broke above 10,000 for the first time. Lifted by amazon, apple, facebook and microsoft which all closed at record highs adding about 5 trillion. About the amount well spend in federal spending this year also take a look at whats been happening with u. S. Equity this hour both the dow and s p are under a little pressure. Dow indicated down by about 60 points s p down by 3. The nasdaq, even after all these gains is indicated up by about 17 points this morning taking a look at whats happening in the treasury market the 10year seems to be yielding 0. 797 crude oil prices are in the red. Crude oil prices, talking about the recovery theyve made. Talking about wti. Down about 2. 3 . What an improvement or a gain in crude oil prices now above 38 thank you it is
The start of trading this morning after long Holiday Weekend, Dow Jones Industrial average better 500 points and s p 500 is also higher by 56 and nasdaq up 174. This after the dow, nasdaq and the s p 500 closed tout week of gains of better than 3 on the week as you see across the board. Another milestone today, the floor of the New York Stock Exchange will reopen but not quite business as usual. A look at the new restrictions coming up this morning. And turning to the 2020 race, former Vice President joe biden looks to take on President Trump on the economy, mornings with maria is live right now. Maria the easing of lockdowns and optimism of Vaccine Developments leads to gain this morning. Ftse 100 up 87, cac quarante in paris is up 63 and dax index in germany higher by 79. Spain announcing it is opening to foreign visitor this is july and germany ready to lift travel restrictions for other European Countries. In ash asia overnight markets looked like this. Planning another round of st
Economies reopening against rising chinau. S. Tensions. They prepare another budget. In theavirus controversy u. K. Boris johnsons top aide refuses to resign, breaking the governments lockdown rules. Will come to the program. Manus and yousef are still off with the markets closed for the eid holiday. We were just discussing the focus on the reopening story, rather than the tensions between beijing and washington. Forulus is in focus investors, whether thats for singapore or japan now. Feelgoodit is a tuesday, never mind the gdp targets for the year slashed, with a 7 contraction. The worst performance ever since independence back in 1965. Here is how its looking for the asian markets. Nikkei 225 up by 2. 4 . We talked about how japan will be reopening its economy. This is a state of emergency and all of the country, not just japan. Giving a boost to the nikkei 225. Surging by 5 . Up one point 6 . Consumer confidence rebounding from 11 years lows 11 year lows. Well below 100. It outnumbe
Are stuck at home. One on one with Lindsay Vaughn you are watching Worldwide Exchange here on cnbc welcome from wherever in the world you may be watching. Im Brian Sullivan it is early but looking like yesterday could be kind of a one and done for the equity markets. Stock futures are flat to slightly down. That benchmark index still down 3 for the week. Nasdaq down under 2 big tech has been outperforming as of late oil trying to stabilize after an incredibly volatile, record breaking week. We are at 15 and change on u. S. Contract slightly under 22 on international internationalal trade. Yesterday, the president warning any u. S. Ships to destroy iranian vessels that come close to them at sea and a regular lator that will shut down an oil well is not at risk of losing that well long term that may lead to more shutdown and decrease of production we want to keep a close eye on the uso etf. It has been halted a numerous time over the last couple of days normally, this would just buy the
Reporting this week for the s p 500. It might provide some we can do some glimpse into how companies are thinking about the future. Of those companies is united airlines, already saying it is going to have a 2. 1 billion loss, and that is just the beginning of the pain. It is cutting 90 of its capacity in may, and similarly will do Something Like that in june as well. It will get about 5 billion for the u. S. Payment program. And we have the 10 year yield at 63 basis points. We get more Economic Data this week, including initial jobless claims, but also pmis, new home sales, and so on. Those are all going to show dire readings and are not going to be really reflective of how the economy moves forward, except to suggest that we are definitely in a very thick recession. Guy lets take a look at what is happening here in europe. Meansis down, but by no down as much as it is in the United States. Pricing inntract not such difficult times, but nevertheless, do you want to take physical deliv